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Search Results 0 to 49 of about 123 (some duplicates have been removed)
FOX Business
Dec 27, 2012 8:00pm EST
to walk out of ports this weekend. jonathan gould said this strike would make things worse. jonathan, what is the impact to the retailers? >> thank you very much, tom, impact for not only retail industry but all industries rely on the ports for imports and exports will be significant if they are allowed to shut down for any length of time witness once the contract expires this weekend. tom: from department stores to lumber, and auto, will one be hurt worse? >> this will be widespread across all industries, including retail, manufacturers who rely on inputs to production, farmers trying to get their products overseas, and trucking companies who rely on ports to move containers in and out, this will be wide spread. for all industries who rely on the ports, in and out of u.s. tom: what is the fight? what is the problem? >> well i think there are a number of issues that need to be discussed between the unions. we're not taking issues on any -- positions on any of the issues, everything from container royalties, to jurisdiction issues, and from management side issues with regard to work rules a
CBS
Nov 30, 2012 5:30pm PST
for many of those goods. the ports of los angeles and long beach, california. they are critical, because those ports handle about 39% of all the goods that arrive by ship. it came to about $200 billion worth this year. what's behind this strike? here's john blackstone in l.a. >> reporter: it began with 70 workers. now all 800 members of their union are on strike. but 10,000 other dock workers are refusing to cross the picket line. that has brought the normally busy port to a new stand still. geraldine knatz directs the port of los angeles. >> there's probably about a billion dollars worth of goods that come through this port everyday and we probably got about 900,000 or so people in the southland whose jobs are tied to the activity going through this port. >> reporter: the ports are clogged with 16 ships waiting to be unloaded. another six are anchored off the coast. >> if the ships are not working, the truckers are not working, the warehouse people are not working. it will ripple through the supply chain. >> reporter: it doesn't take much of a delay to cause problems for people. >> no.
FOX News
Dec 4, 2012 12:00pm PST
. that does not sound like they moving the ball forward. >>shepard: in public. >> a strike at major ports in california could make it harder to find gifts this holiday season. we will have an update on negotiations. and iran military leaders say they captured a united states drone. again. but the united states says hang on, iran, so what is this thing the iranians are showing on iranian state tv? that is ahead. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >>shepard: officials are denying claims that iran has captured another american drone. the denial is after iranian state television aired images of thi
FOX Business
Dec 14, 2012 1:00pm EST
, still drifting at this point. >>> america's fastest growing port, you think it is los angeles, maybe new york, think again. savannah, georgia tops the list thanks to exports of chicken feed, a delicacy in asia. the head of the port is up ahead. tracy: maybe he will tell us how to eat those. ashley: no. tracy: outrage over spending bill for superstorm sandy is filled with pet projects in washington, d.c. while people are still devastated by the storm. liz claman on the story. ashley: from chicken to pork. time for stocks now. as we do every 15 minutes we head to the floor of the new york stock exchange, and nicole petallides. the market is literally at a stand till over this fiscal cliff. >> i knew you knew where we were going every 15 minutes, ashley. we have to check in on the markets. you're seeing the dow who haver around the unchanged line, down three points now. tech-heavy nasdaq the worst of the bunch down one half of 1%. app, i'm also watching whether or not the dow will have winning week. we had three straight weeks in a row of gains. if we close right here right now we're all ri
CBS
Dec 27, 2012 5:30pm PST
strike by longshoremen. union leaders for nearly 15,000 dock workers at every port from texas to maine say they'll walk off the job on sunday. we asked anna werner to find out how a strike would hurt the u.s. economy. >> reporter: the port of houston handles 42 million tons of cargo every year. it extended its hours this week to try and get shipments in and out before a strike can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore,
FOX
Dec 1, 2012 10:00pm PST
at the port of oakland, unloading the latest ship to arrive. in southern california, a storm of a different kind has brought business to a standstill at the port of los angeles and long beach. the two busiest ports in the state. longshoremen walked off the job to support about00 clerical workers who have been on strike since tuesday. >> all of our containers are on the ocean and off of the coast of california and monday we'll find out if they have been diverted. >> others have been diverted. so far nine cargo ships have headed to other ports including oakland. >> there may be a few ships that come through oakland, but those are ones that normally make the call here. >> reporter: longshoremen are downplaying the impact on the port of oakland and say they will stay on-the-job while their counterparts in southern california continue. now they have a tentative agreement. workers say the latest contract fight in l.a. is about more than money. >> we have got big companies that are outsourcing good jobs and hurting families, and i think people are fed up with it. >> well, it's too soon to say
CNBC
Dec 28, 2012 9:00am EST
. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a construct
FOX Business
Dec 5, 2012 1:00pm EST
pushing blue-chips into triple-digit gains. right now the dow is up 113 points. >>> workers at the ports of los angeles and long beach are back at work today of an eight-day strike crippled one of the nation's busiest ports. the announcement came from the mayor of los angeles who joined federal negotiators to negotiate a deal between the employees and portfolio managerment. mayor villaraigosa will be a guest on fox business. >>> elizabeth murdoch died, mother of rupert murdoch. she was considered one of australia's most generous philanthropists donating money to more than 100 charities. dame elizabeth murdoch was 100 years old. that is the latest from the fox business network, giving you the power to prosper. lori: as republicans and democrats continue the back and forth over the fiscal cliff one thing they're already losing is the confidence the american people. look at this. just four in 10 americans believe washington will reach a deal by year's end to avert the fiscal cliff but nearly half do not think they will. that is according to this new poll released by the pew research center.
FOX News
Dec 5, 2012 12:00pm PST
's biggest ports is now over. the deal that got workers back on the job is next. plus, fire bombs and bullets in the country that is supposed to be keeping the israelis and be keeping the israelis and palestinians from going to war. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>trace: new revelations of the deadly 9/11 attack at the consulate in libya. on capitol hill lawmakers watched multiple videos of the strike. they show a crowd gathered outside and a lawmaker who asked not to be identified said and i quote, "it's amazing how casual they are, it is fought like they just stream in, they are dancing aro
CNN
Dec 28, 2012 6:00am PST
.com/pricerewind. >>> as if the looming fiscal cliff wasn't enough to worry about, now 14,000 dockworkers at ports from massachusetts to texas are threatening to go on strike sunday. that could cost americans billions of dollars, because shipping costs on everything from shoes to cars would skyrocket. cnn's brian todd is at the port of baltimore. >> reporter: victor, this is a crucial port for commerce in this region. this is the seager terminal in baltimore. you see a containership to my right, the terminal on my left. over my left shoulder, 600,000 containers move through the port of baltimore every year, billions of dollars' worth of goods but that could all come to a grinding halt if the dockworkers and the shipping companies can't reach a deal. they moved everything from our cloths to toys and electronics through the ports and into the marketplace but a lot of the goods won't be making it to our stores if longshoreman from maine to texas go on strike. that's what could happen by sunday if a deal can't be reached between the major shipping companies and a union representing nearly 15,000 longshoremen. >> the imp
FOX Business
Dec 4, 2012 1:00pm EST
bullish going forward. back to you. melissa: thank you. a strikeout the nations busiest port complex. costing the nation a billion dollars a day. the port of long beach director joins us just ahead. lori: let's see how the dollar is trading. it is a weaker dollar with big euro pushing up to 130. the dollar weaker, really, across the board. we will be back with more after this. ♪ twins. i didn't see them coming. i hai need to rethink the oblco of my portfolio.atio. what i reallneed is sleep. introducing the ishares core, buildi blocks for the hearof your portfoli find out why 9 out of 10 large professional investors chse ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. he's going to apply testosterone to his underarm. axiron, e only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is nofor use in women or anyone younger than 18. axiron can transfet
PBS
Dec 4, 2012 4:00pm PST
at the ports in long beach. that brought operations there to a screeching halt and shut down major passage of goods from asia. both sides agreed to a federal mediator. as far as i understand almost half of all the cargo arriving in america comes into those ports. it must be a logjam of goods into the country. >> we are talking more than a billion dollars worth of programming trudy's ports every single day. what this is all about is about job security and outsourcing of jobs to other parts of the u.s., china and taiwan. the relatively small clerical workers' union fear their jobs are at risk. they are union back jobs and well-paid. they have been supported by members of a sister union. the effect is to bring the sprawling complex to a standstill. it accounts for more than one- third of the imports into the united states. >> if i am a small business woman in ohio, why should i worry about this strike? >> quite simply, the fear is is if this is allowed to carry on, there will be a shortage of goods and a hold up of the vessels that are languishing behind me. they are just hanging around and n
FOX Business
Dec 5, 2012 4:00pm EST
returning to work at the port of los angeles. after very costly strike costing a billion dollars per day. coming up, the mayor is going to be joining us live, talking about the ports, the drive to bring a football stadium back to life to the city and the city's biggest looming crisis. liz: pandora taking a big hit today down 17.5%. the company beat on some expectations and did very well with revenues but they lowered fourth-quarter estimates saying they swing a lot. pandora president and ceo on why the expectations were lower. he says it is one metric, nothing to worry about and what is being done to bring in more revenue from the event. david: a mixed day on wall street stepping the losing streak while the nasdaq closed in the red as apple tumbled almost 7%. searching before getting back some of the gains in the last half-hour. utilities and financials with a top performing sectors. adding 118,000 private sector jobs in november. sharply down from 137,000 created in october. blaming hurricane sandy saying it trimmed job growth by 86,000 workers, small business created the fewest jobs in
ABC
Dec 5, 2012 6:00am PST
at the port of long beach and los angeles will go back to their jobs this morning follow allege eight-day strike. they reached a deal last night. the los angeles mayor took part in the negotiations yesterday with federal mediators only a small number of clerical workers had been on strike with thousands of others refusing to cross the picket line. the strike had been a boost to the port oefbg land as deliveries were re-- oakland as deliveries were recruited. >>> happy birthday caldecott tunnel today is the 75th anniversary of the tunnel. the original two bores cost 4 1/2 million dollars and took three years to build they replaced 1903 tunnel prone to closing during floods and mudslides. >>> you drove across it this morning. doesn't look a day over 74. >> no it looks surprisingly good. a little facelift work maybe. >>> traffic and weather coming up. well talk -- [ inaudible ] >>> live doppler light to moderate rain from concord to bay point through 24 to oakland across the bay bridge to san francisco and the bigger batch just now impacting the coast this is going to hit the heart of th
CBS
Dec 3, 2012 4:30am PST
. >>> contract talks between clerical workers at the ports of los angeles and long beach and shippers have resumed. today the strike enters its 7th day. clerical workers who have been without a contract for two years walked out last week bringing the ports of los angeles and long beach to a standstill. right now ships are being diverted to the port of oakland. the southern california ports are the busiest in the state taking in about $1 billion worth of goods a day. >>> time now is 4571. first video of the year now another honor for gangnam style. can't see that enough. >> plus politics and the performing arts at kennedy center honors. who was recognized last night. we'll tell you. >> hugh hefner will soon be off the market. when he plans to get married. ,, ,,,,,,,,,,,, >>> still quite a few clouds outside but no rain. we'll stay dry but there's a storm off the coast. when will that hit? we'll talk about that coming up. >> so far, so good on your bay area bridges this morning. no metering lights at the bay bridge and an easy ride on the golden gate bridge and san mateo bridge. traffic and
CBS
Dec 5, 2012 4:00am PST
port complex. workers are expected to return to work this morning. clerks at the ports of los angeles and long beach, california had been on strike for eight days. the deal was reached hours after federal mediators entered the talk. the port handles a billion dollars worth of cargo a day. >> the flu season has gotten off to an early jump. and in one county in tennessee, closing classes for the rest of the week. this year's strain of the virus is more severe. >> reporter: if you haven't had your flu shot yet, now is the time. health officials say this is the earliest start of the flu season in nearly a decade. centers for disease control says alabama, louisiana, mississippi, tennessee and texas are all reporting higher than normal cases. >> we usually see flu begin to have an uptick in about four to six weeks from now. so seeing it this early could will predict not only a longer but a more severe flu season. >> federal health officials say the most common strain this year tends to make people sicker than usual but they are encouraged because this year's vaccine seems to protect against
CNN
Dec 6, 2012 8:00am PST
at the port of los angeles that stranded all of those christmas presents, it costs us about a billion dollars a day in lost business and shut down the nation's busiest port and stranded ships full of fabulous retail merchandise. all of that is now being unloaded. port officials now say it will take about a week to try to get back to normal. sounds like things are solved. i'm joined by the mayor of los angeles, antonio villaraigosa who helped broker the deal to get the port workers back on the job. i want to talk about the port in just a moment. first i want to talk about pressing national business. something called the fiscal cliff, which i know you have been watching. you're very closely aligned with president obama having been the chair of the democratic national convention in september. i want to get your take on this. this is critical to your state. businesses in your state. taxpayers in your state. do you have any optimism that we may not go off the cliff? >> i do have optimism. there's no question about it. i think both sides understand that it's not in the nation's best interest for us
CBS
Dec 4, 2012 5:00am PST
services. >>> president obama is closely monitoring a week-long strike at two southern california ports. 800 members of the clerical union who work at the ports of los angeles and long beach had been working without a contract for more than two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of most terminals. experts estimate the strike is costing the u.s. up to $1 billion a day. and it could delay shipments of holiday gift merchandise. >>> there's a tentative contract agreement between port of oakland and union workers. two weeks ago, more than 500 members of seiu local 1021 went on strike. they had been at the bargaining table for 16 months. details of the agreement will be released when the contract is voted on tomorrow. >>> president obama will host a group of governors today to talk about the "fiscal cliff" after he rejected a counterproposal from congressional republicans. that plan promised to trim $2.2 trillion over the next 10 years and cuts from entitlements and billions in new tax revenues only from tax reform. and
FOX News
Dec 28, 2012 3:00pm PST
for the third straight month to reach the highest level in two-and-a-half years. major port strike has been averted for now after mediators got the long shoreman's union to postpone it for month to work out time detail osafter new contract. correspondent phil keeting is following that story from miami. >> at least one end of the year cliff has been averted for now. container cliff. there will be no east and gulf coast port strike happening this weekend. but both sides still have much to work out. if they don't, five weeks from now will be right back to a sweeping strike with great consequences. >> a strike in long beach in los angeles a few weeks ago. that was close. if you cost that area, $1 billion a day. >> sticking point has been the container royalties. salary supplements for long shoremen. heavier the container, the more they get paid. the owners want to cap the royalties at last year's levels to 15,000 long shoreman did not. this from the federal mediator in washington. "the container royalty payment issue has been agreed upon in principle by the parties subject to achieving an overa
CBS
Dec 4, 2012 6:00am PST
on a week lon strike at two southern california ports. 800 members at the port of los angeles and long beach have been working without a contract for two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of those terminals. the strike is costing the u.s. up to $1 billion a day and it could delay shipments of holiday gift merchandise. >>> president obama will host a group of governors today to talk about the upcoming "fiscal cliff." this is after they rejected a count proposal from congressional republicans. that plan promises to trim $2.2 trillion over 10 years and includes $900 billion in entitlement cuts, two-thirds of that from healthcare. it also offers $800 billion in new tax revenues but only if the money comes from tax reform and not from raising rates on the wealthy. and that's where the stalemate is stuck. >>> rates have to rise and republicans need to acknowledge that. that's the only way to get from here to there. >> the white house says the plans fails the balance test. tax hikes and spending cuts will automatically kick i
FOX
Dec 1, 2012 7:00am PST
. >> today is day five of a strike that's shut down seven of eight terminals at the port of los angeles and three at the port of long beach. long shore men walked off the job to support a clerical worker strike and that's caused nine ships to be diverted to other ports including oakland. 40% of the imports pass through the ports in los angeles and long beach. >>> at the port of oakland a possible freement has been reached there. members of is the diu local 1021 are set to vote next week. this a week after a worker strike and more than a year after members voted down the last contract. the union is made up of support staff. >> a state board has released a plan to restore the delta to provide a more reliable water supply. the council issued the final draft of its plan yesterday. it includes recommendations like reducing water suppliers dependance on the delta and expanding habitats. the delta currently provides drinking water to two thirds of the state and provides irrigation to five million acres of crops movement japan is handing over five million dollars to the united states to help p
CNN
Dec 4, 2012 9:00am PST
of the busiest ports in the country now. a line of ships stacked with stuff, stuff that can't get on shore into, trucks and off to your store. it's a strike. and it's costing the united states billions. what's it all about? that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. now get a 2013 malibu ls for around $199 pe
FOX News
Dec 28, 2012 10:00am PST
of the reasons they have been so locked up with they are thinking they want to keep their port. the russians are not the only one involved. lots of people sending weapons into syria. you have a war going on with the wrong, on the other side, you have weapons coming from saudi arabia and qatar in turkey and that is what is supplying the rebels in the civil war that is continuing to rage on. both of those don't really have a lot to gain. they have a lot to lose. their side loses, they will lose a lot. as long as the syrians are willing to keep killing each other in this process, so far the syrian civil war has now claimed 44,000 lives. many people believe there really no matter how this breaks down over the next couple of months, even if bashar al-assad does leave his power, this war could still rage on for a very long time to come. the 44,000 number could just be the beginning. a lot of people are saying that we could double that number if the violence continues over the next year. as it continues to creep closer and closer to the major cities inside syria, like what we are seeing right now.
CBS
Dec 28, 2012 7:00am PST
-out could affect ports from boston to houston. >>> for the second time this month a man has been pushed to his death in the path of a new york subway train. >> crazy people running the streets. >>> an uninvited guests slithered into a backyard in florida. >> somebody else got the shower on the sideline. >> jamal crawford who i think should be an all-star coming off the bench is dangerous. be still. >> and all that matters. >> hillary clinton plans to go back to work just in time for the new year. >> two reather than get angry and you show it you live a lot longer. >> he gives a speech about hitting the debt ceiling! i'd like to see if he could even count to 1 million much less 16.4 trillion! captioning funded by cbs >> it's friday welcome to "cbs this morning," everyone. i'm jeff glor with rebecca jar sis. charlie, gayle and norah are off. there are predictions but little progress in washington with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the dead
CBS
Dec 24, 2012 11:00pm PST
. it was the same story for dozens who were supposed to pick up pass ports today. some had confirmation numbers. >> extremely frustrating and disappointing that i'm not going to be able to see them, not for my wife's birthday or my daughter for christmas. >> reporter: the passport agency was supposed to be open today, but in a last-minute decision on friday, the president declared christmas eve a federal hold. federal workers had complained that he should show some holiday cheer since they had not had a salary increase since 2009. >> do you expect someone to come out here now? >> no. i respect that the president wants to give people a vacation. i just wish they would plan it a little bit. >> reporter: for jeffrey, it's not just an inconvenience. he was hoping to see his mother- in-law in germany before her open heart surgery. most gave up. but for a handful of people who had a life-or-death situation, they were able to get a new passport. >> you can see it. there it is. >> reporter: there are three passport agencies in california and our understanding is that only in san francisco did the few p
FOX
Dec 5, 2012 4:30am PST
appropriately. >>> for the first time in nine days the ports of los angeles and long beach will be open for business again. just hours after los angeles mayor escorted federal mediators into talks. the two sides reached a deal. mediators say the two sides were close to reaching a deal on their own. dock workers refused to cross picket lines and that shut down the countries largest port complex. >>> the on again, off again pro program to provide free muni passes is on again. muni decided $1.6 million of grant money to fund a pilot program. it will run through june of 2014. the rest of the state grant money $5 million will go towards bus and light rail improvements. >>> 4:35 now. a little bit of light rain out there. let's go to tara. >> just want to give a shoutout to folks in the re owe vista area -- rio vista area. it will be out of service until noon today. let's head outside. both headlights there moving nicely as you drive toward the mccarthur maze. brian is right it's a little wet but it's not too bad. at the bay bridge toll plaza we do have an earlier accident here. couple cars we
KOFY
Dec 10, 2012 9:00pm PST
scandal involving the port of oak landth. port officials rae veal maritime director james kwan has agreed to reroo tire this month. he's accused of running autopsy 4500 dollar dinner tab at texas strip club setting off an investigation into improper spending by port officials. officials today also said the port has received repayment of public funds spent on 2 improper expenditures and they now have a new set of rules for expense practices that include new spending guidelines. >>> tough prison sentence today for a killer. stuff sentence and tough words from the judge r consist of my shell lay. esteban faces 25 years to live for killing nursing student michelle lay her former best friend. the judge admonished esteban for showing no signs of remorse. as nick explains this was extremely emotional day for the victim family. >> we don't have to deal with this for at least another 20 years or so. >>reporter: alameda county judge sentenced esteban to 25 years to life for the first degree murder of nursing student michelle lay and then dumping her body in a remote part of pleasanton calling
CSPAN
Dec 5, 2012 7:00am EST
was the majority leader. his wife elizabeth dole and he left the port and republicans voted down the street. he was recently released from walter reed military center. now an independent caller from ohio, lee. caller: good morning. i am calling about something i have not heard about. people willing to take the $15 or $20 extra they're getting from the to% tax break, it is coming off their pension when they retire. social security is based on what you contribute. host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiations. caller: right. it will cost them in the long run. host: because the money is coming out of social security. politicians say that will not happen. they say social security will have its money. caller: they tell you all kinds of things. host: john in atlanta, democratic caller. caller: how are you? it seems like it is open phones. i think as far as the fiscal cliff is concerned, the democrats and republicans need to come together and they need to do that rather quickly, because that's the way i feel about it. host: do you thi
ABC
Dec 5, 2012 4:00am PST
with breaking news out of los angeles. a deal to end a crippling strike at the busiest port -- one of the busiest ports in america. a walkout with a multibillion dollar impact around the country. >> 10,000 workers will be back on the job at the ports of los angeles and long beach today, which handle about half the cargo coming into the u.s. an overnight contract agreement ends an eight-day walkoff that kept billions upon billions of dollars in cargo from getting to warehouses nationwide. crucial merchandise in these days before christmas. they estimated it was about $1 billion a day that this strike was going on. >> it's over now. that's the good news out of l.a. this morning. >>> now, we turn to the battle over how to keep the nation from going over that so-called fiscal cliff. the clock is ticking now. 27 days to go. >> and president obama and congressional republicans are making plenty of sound bytes about it all. but very little progress. abc's tahman bradley has the details from washington. >> reporter: democrats and republicans remain light years apart. here's president obama
CBS
Dec 3, 2012 5:30pm PST
busiest seaports. the ports of los angeles and long beach shut down after a few dozen clerical workers walked off the job and dock workers refused to cross their picket line. bill whitaker has the latest. >> reporter: 11 huge cargo ships are stuck offshore, piled high with containers of food, toys, lumber. 14 others sit untouched at the docks. >> if you guys could start handing the fliers out. >> reporter: transporters, wholesalers and retailers are growing angst. ingrid lazcano, owner of andean dream, imports quinoa, popular right now in the u.s. her last shipment was diverted to mexico, another was diverted to chile. >> we have about $400,000 worth of merchandise at stake and our factory workers in bolivia can't make new merchandise until we figure out how we're going to handle the problem with getting these two containers in. >> reporter: fred johring owns golden state express trucking. his lot, usually empty, is filled with 20 parked trucks. each usually earns $500 to $600 a day at the ports. everyday you're losing how much? >> at least $4,000. >> reporter: a day? >> per day. >> re
FOX News
Dec 26, 2012 10:00am PST
blow sometime soon not from the fiscal cliff, but from a union strike that could shut down major ports from coast to coast. should the white house step in? we're going to be talking smoot holly in a second. heather: former president george h.w. bush has been hospitalized for more than a month. what doctors are now saying about the former president's health. gregg: and from twilight twists to secret e-mails to the cia, a look back at the biggest scandals, scandals of 2012. oh, yeah, that was a scandal. heather: that's a big one. ash cd from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. heather: welcome back. an upd
FOX News
Dec 5, 2012 6:00am PST
a crippling 8-day strike at the port of los angeles and long beach. we'll look at the toll that the work stoppage has taken on the u.s. economy. bill: a questionable cartoon featuring the rich stealing from the middle class. martha: two rising stars in the republican party laid out their vision for the future last night and for their party. >> we need to carry on and keep fighting for the american idea. the belief that everyone should have the opportunity to rise. to escape from poverty. to achieve whatever your god-given talents and hard work enable you to achieve. wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. i've got
CBS
Dec 11, 2012 7:00am PST
. >>> another executive quits his job at the port of oakland after an independent investigation into expenses charged to the port. the probe found dozens of employees put questionable charges on the port credit cards. >>> got your traffic and rain on the way coming up. ,, ,,,,,, >>> good morning. a live look at the bay bridge, it's backed up solidly through the may see this morning. there is a stall reported near the metering lights so that's not helping the commute about 20 to 25 minutes to get on the bay bridge. the nimitz 880 through oakland looks good towards downtown. and once again a dense fog advisory issued by chp for portions of eastern contra costa. >> patchy fog out there now out the door. watch out for that especially in some of the interior valleys. but yeah, looks like the 30s and 40s right now. by the afternoon, only in the 50s and 60s. increasing clouds chance of rain is on the way. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn
FOX News
Dec 12, 2012 12:00pm PST
this on their own without some help. the only port they have, they have one port, which is sanctioned in terms of the sea travel in and out of the port and any part for the missiles would have come through china which is north korea's only friend and, then, the voice of america reported this week that an iranian team had been seen in north korea in recent days and there is some presumption that, in fact, iranians may have helped them. this is the first successful long-range rocket this year. earlier in april it was not successful. certainly, all eyes are on iran in weres of the role it my have played. >>shepard: thank you. we have used a carrot and stick approach with north korea over the years. it doesn't really seem to have made were of a difference. we will look at the diplomatic efforts with the former away bill richardson who has lots of experience dealing with north korea. and 100 countries throwing their support behind the syrian rebels . so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they'r
ABC
Dec 3, 2012 6:00am PST
inspected in september and that inspection found nothing wrong. >>> the port of oakland continues to get extra business this morning as a result of the continuing port strike in los angeles and long beach. clerical workers began their strike last tuesday in a contract battle, dock workers are honoring their lines and managed to shutdown most terminals at two southern california ports, latest numbers just in, this strike is creating losses estimated at one billion dollars a day. >>> the white house is waiting for the next move from congressional republicans on a solution to averting the so-called fiscal live. overnight the president released this new video calling for tax relief for working families with less than a month to go, republicans and democrats remain far apart. without a deal, nearly every american will pay more income tax between $2,000 and $20 400 for the average family. >> we are -- going over the cliff, clear they made a political calculation. >> the president and his team demanding congress allow bush era tax cuts for the wealthiest 2% of americans to expire. republicans h
CNN
Dec 4, 2012 11:00am PST
ports in southern california are refusing to cross the picket line and set up by clerical workers. today, both sides have reached an agreement of sorts. they agree they need a federal mediator. i want to bring in miguel marquez in long beach. what's the deal? what's the hang-up here? >> reporter: well, the hang-up is over language regarding outsourcing of jobs. only talking about 800 jobs in total, and a small fraction of those are their clerical workers at the port that are striking. one of the people who is a -- represents the labor union said they were miles away a few days ago. now about a yard away. the mayor of los angeles has been up all night, he got in from an overseas trip in l.a.x. up the way here. he came here last night about midnight and he's been up with the negotiators all night trying to get them to this point today. here is how he described how those negotiations are going. >> i can just tell you as a general proposition that there is too wide of a chasm between the parties now, though the good news is they have agreed to federal mediation, they had not agreed -- agreed
MSNBC
Dec 5, 2012 2:00am PST
's why. the ports will be open tomorrow. late last night, l.a.'s mayor announced an agreement has been reached to end the strike that crippled the nation's largest port complex just hours after federal mediators have arrived. >>> netflix soared 14% after inking a blockbuster deal for exclusive streaming rights to walt disney movies. >>> big lots shares shot up, but the sec is investigating the chief executive over a $10 million sale he made just over a month before the company's stock tanked earlier this year. the story was first reported in the "wall street journal." meanwhile darden is blaming a lackluster quarter on poor promotions and backlash over its stance against obamacare. the federal administration aviation is requiring boeing 787 have their fuel line connectors inspected over possible fuel leaks or fire. >>> john mcafee has turned up in guatemala city seeking political asylum. he's wanted as a person of interest about the murder of a fellow american. back on the street, keep an eye on pandora. it plunged 23% after the bell. and does it sometimes feel like you spend your whol
FOX
Dec 2, 2012 7:00am PST
francisco, petaluma all the porting wind damage. this continues as this front moves through the area. it leaves us by the afternoon. again, looking at widespread range anywhere from a half-inch to an inch falling with some of this heavier rain is the falling over parts of the bay area. we are tracking the russian river as well as the napa river. it looks like later today into the afternoon along the russian river, it will be to our morning. but the storm is setting on, we are looking a partly cloudy skies and dry conditions. we will continue to track those rivers are you into the afternoon. mark will be here a bit later and he will be all over the situation as well. here are the current wind. napa reporting 13, oakland 31. mountain view is not too bad. livermore 23, fairfield 28. i have seen clocking winds of up to 50 miles per hour. these are significant winds. these winds will break large branches, take down small trees, topple those power lines. we are seeing power outages at this time. palo alto reporting 12. we are looking at winds gusting to 53 miles per hour in some cases righ
FOX
Dec 27, 2012 5:00pm PST
port from boston to houston. they will walk off on sunday if a deal can't be reached. the association represents more than 14,000 dock workers at 15 ports. a shut down could cost the economy billions of dollars. a mediator has been working with the two sides. a strike is looming with a few days left. >>> a court set aside $200 million in restitution to wells fargo debt card users. the bank illegally manipulated how it processed mumps to max -- purchases to maximize over draft fees. the court sent the case back to the trial court saying the bank violated state law in the way it notified customers. >>> traffic is being rekrauted to -- rerouted. the no awe -- u.s. national oceanic and atmospheric administration approved vessel lane changes. the whale migrate up the california coast. in 2010 20 whales died after colliding with a ship. >>> zoo keepers build a fire every day during the winter for the 160 monkeys. they are not afraid of the flames and love to lay around the fire. zoo keepers use the fire to bake sweet potatoes that are a big hit with them. >>> snowstorms pound the northeast
SFGTV2
Dec 1, 2012 2:00am PST
orleans, pascagula and gulf port, mississippi. we thought we had dodged the bullet and then the levies broke and who would have predicted that there was a sea of humanity in the super dome that basically was in extreme miss? who would have predicted in this day and age we would lose many, many people based on the fact they couldn't be medevacked, that the hospitals themselves had been flooded and the hospital staff was having to carry critically ill patients up to the top floors to avoid the water that was filling in the rooms. who would have predicted that? and were we set up to handle that? and who would have predicted in the early goings there would be civic disorder and civic disobedience and lack of command and control and then the military came there and provided that stability for a while until the civic authorities took over and eventually got things moving in a fairly organized continuum. we learned a tremendous amount of lessons from that, lessons that i hope no other city will ever have to repeat again. but the bottom line is it is so critical at this point to talk about
FOX News
Dec 28, 2012 8:00am PST
not be so significant is the fact they're making it is significant. russia has a very critical port along the syrian course along the mediterranean the port of tartuse. russia is trying very hard to keep tear influence inside syria and may be trying to play both sides of the coin here. they want to keep assad so they have influence with him and to hedge their bet to gain as much influence with the syrian rebels so if the rebels win they get to keep the port which is their only naval port outside the russian federation. going forward this turned into a little bit of a proxy war. a number about weapons the rebels are getting especially coming from outside powers. obviously president assad has been resupplied by iran and russia. rebels being supplied by saudi arabia, qatar and also turkey so that both side here have little interest in a peace deal. more interestingly both sides, the saudis and the iranians, have an interest in trying to see this go on as long as possible and an interest seeing their side win inside syria. they're willing, more than happy in fact, to supply money and weapons
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